Schiff: The Federal Reserve Is Picking A Fight It Cannot Win Via SchiffGold.com, The stock market rallied early this week with receding worry about the omicron...
Housing inventory has collapsed to all-time lows this year. Lack of inventory continues to be one of the biggest risks to the housing market. The post...
According to the popular narrative, the role of the central bank is to navigate the economy along the so-called path of economic stability. By this way of...
The US Census Bureau today reported that US imports of goods and services reached a record monthly high of $290.7 billion in October 2021. Just goods...
What Is Financial Liquidity?In physics, liquidity refers to a substance’s ability to flow, which is a description that also works well in the stock market. Financial...
Mainstream Economists Are Struggling To Hide The Incoming Economic Collapse Authored by Brandon Smith via Alt-Market.us, For many years now there has been a contingent of...
Marco Del Negro is the director of the Federal Reserve Bank of New York’s new research center, AMEC, which stands for the Applied Macroeconomics and Econometrics...
Today, the New York Fed’s Center for Microeconomic Data released its Quarterly Report on Household Debt and Credit for the third quarter of 2021. Overall debt...
As the economy continues to recover from the pandemic recession, many businesses are struggling to keep up with surging demand amid widespread supply shortages and delays....
The market has entered what I like to term a “work zone” or “construction area,” where everyone is wearing a yellow vest and a hard hat....
Light yellow line is the 10-year Government of Canada bond yield, orange line is the 2-year bond yield: Over the past week, Omicron fears have triggered...
The Issue: In the recovery from the Great Recession, the announcement that the Fed was considering tapering its security purchases sent the markets into a “tantrum”...
The rise in the index of aggregate hours would be equivalent to more than 630,000 jobs with no changes in workweeks. The post Unemployment Falls to...
With inflationary pressures intensifying and Omicron generating new uncertainties, monetary policymakers are facing new and challenging tradeoffs.
There is a cumulative shortage of 1.35 million new single-family homes permitted in the 35 largest U.S. housing markets. Here's why. The post Playing Catch-up: Putting...
Wynn Resorts Limited (NASDAQ: WYNN) now has its gaming revenues and room rates in the United States significantly above the pre-pandemic numbers. Still, Kynikos Associates’ Jim...
Albert Edwards: Here's Why The FAANGs Will End Up Sinking Like The BRICs While US equity indexes have been relatively stable despite the recent spike in...
Omicron Could Cause Supply Chain Crunch And Inflation To Worsen, OECD Warns Before the US follows Europe by ordering more lockdowns as a preventative measure to...
I'm working madly to finish The Fiscal Theory of the Price Level. This is a draft of Chapter 21, on how to think about today's emerging...
Watch Live: Powell, Yellen Return To Capitol Hill For 2nd Day Of CARES Act Testimony Newly re-nominated Fed Chairman Jerome Powell surprised markets on Tuesday when...
#CKStrong Fed Chair, Jerome Powell finally admitted today there is too much stimulus demand (in the macro context) in the global economy and the Fed will...
If markets seem a bit on edge, I guess omicron seems a good reason if for no other reason than we don’t know much about it....
There’s a lot of discussion regarding the negative impact of inflation on consumer sentiment. That’s definitely there – but unemployment also has a negative impact. And...
What Is a Recession in Simple Terms?Just as corporations experience general phases of growth and contraction, known in sum as their business cycle, the economy also...
Powell, Yellen Weigh In On Omicron, Debt Ceiling During Senate CARES Act Testimony With the new year just weeks away, Treasury Secretary Janet Yellen and Fed...
Watch Live: Powell, Yellen Weigh In On Omicron, Debt Ceiling During Senate CARES Act Testimony With the new year just weeks away, Treasury Secretary Janet Yellen...
Yes, at least sometimes, and this is one of those times – big time! Comparing several maturities on the Treasury yield curve during US economic expansions...
This sour/soar stuff goes back many years. The last time we went through the same hysteria (if for different reasons), everyone said the global economy was...
Loan underwriters are the chief cause of the RMBS logjam. They are in high demand for each stage of the mortgage process, yet they are in...
Investors dumped assets en masse as news of the new COVID variant spread.